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Global IT channel services fueling 53% year-on-year profit growth at Agilitas

15/10/18 | Latest News

Leading global channel services provider, Agilitas IT Solutions, has announced a 23% year-on-year increase in turnover, thanks to a number of new business wins and a refined channel and customer-centric business strategy. Agilitas’ unprecedented growth in the last year has seen its overall turnover reach £9.5 million in FY18, generating an EBITDA consolidated group profit…

Leading global channel services provider, Agilitas IT Solutions, has announced a 23% year-on-year increase in turnover, thanks to a number of new business wins and a refined channel and customer-centric business strategy.

Agilitas’ unprecedented growth in the last year has seen its overall turnover reach £9.5 million in FY18, generating an EBITDA consolidated group profit of £2 million. This represents growth of 53%, when compared to the FY17 financial year results. Furthermore, with an EBITDA percentage return against turnover of 20%, Agilitas’ growth compares favourably to its peers, as it leads the way in delivering both UK and global, outcome-based IT solutions for its channel partners.

This exceptional growth has been the result of Agilitas delivering its services to an increasing number of UK and worldwide channel businesses. As a result, Agilitas now trades in over 60 countries worldwide, with this number increasing by 80% in the past 12 months.

One example of how their enhanced service proposition is proving popular with channel partner customers is Agilitas’ partnership with IBM UK. The collaboration has helped the Nottingham-based services provider consolidate its position as a leader of channel services in the UK and global market. In a first-of-its-kind agreement, IBM is delivering a tailored, vendor agnostic, on-site and remote engineering solution, enabling Agilitas to provide an end-to-end inventory and engineering solution to its channel partners.

Internally, Agilitas’ current ‘Channel in 2020’ campaign has helped stimulate overall business growth, securing a number of significant qualified opportunities to date. The insights obtained from its two-year-long campaign have helped Agilitas to consolidate its services offering, positioning it as a channel thought leader, while simultaneously empowering channel partners with new information that helps them shape their own services strategy whilst streamlining operations.

“Agilitas is continuously delivering fantastic year-on-year results, which is a reflection of the team’s great performance and continued commitment; we are confident we can continue this upwards momentum in FY19,” comments Agilitas’ CEO, Shaun Lynn. “This growth is the result of Agilitas delivering world-class services’ solutions for customers on both a UK and global scale.  Our ever-expanding services portfolio is making our proposition increasingly attractive to more and more channel businesses who are looking to remain relevant to their end user customers by delivering ‘best-of-breed’ solutions.”

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